W’Bank to assist Nigeria strengthen fiscal sustainability plan

The World Bank Group is set to assist state governments in Nigeria to improve their fiscal sustainability by strengthening and consolidating the Fiscal Sustainability Plan.

The development was confirmed in a statement issued on Friday by the Director, Information, Ministry of Finance, Mr. Salisu Dambatta.

The FSP was introduced by the Federal Government in 2016 as part of the measures to tackle the 2015-2016 fiscal crisis.

The fiscal crisis, which was caused by sharp declines in revenue and budget spending, forced the Federal Government to give two bailouts to the state governments.

According to the Federal Government, the plan is also an instrument for reforming the whole gamut of the public sector financial management system spanning the three tiers of government.

The 22-point FSP was acceded to by state governments in 2016 in order to implement fundamental reforms.

The reforms border on taking measures, including instilling a regime of fiscal transparency and accountability, improving Internally Generated Revenue, taming of unnecessary recurrent expenditure and strengthening adherence to debt management guidelines by the states.

The proposed intervention by the World Bank, according to the statement, will involve financing capacity building and providing technical support for officials in the 36 states of the federation.

This will be achieved by equipping them with the requisite knowledge and skills to effectively manage the comprehensive implementation of the components of the FSP on a sustainable basis.

The statement read in part, “The objective was to ensure that the states were put on the path that would lead them out of the situation in which they had to be bailed out or fail to meet their financial obligations for the well-being of the citizenry.”

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she was in for 24 hours but she sentenced some innocent people for 20 years.

Engr Johnnie

Hahahaha,Dike….We are just like pencil in the hand of the creator !

Richy Amechi Fidel

Yes.

Ronke Olalekan

When I visited Diamond Life Church, I heard alot of testimonies and I said to myself I will get mine. I was told God uses the prophet to heal mad people, cancer and even people with HIV. They said if anyone is mad, just bring the person to the church and after three days, the person will be normal again. so I waited to see the prophet after the service because I had a brother who has been mad for over 5 years. People always run mad in my family and after 5 years, they die mysteriously.
When I met with the prophet one on one in his office, The prophet said I don’t need to bring my brother from Akwa ibom. He gave me a bottle of water and asked me to go to Akwa ibom, look for my brother and sprinkle it on the my brother and he will be well after three days.
Praise the Lord, I did as Prophet Koleayo said and my brother has been well since then.
My high blood pressure I had before I visited the church disappeared since then.
Praise Master Jesus.
Bro. Udo Akpanke.

I believe in God and His Prophet, Bishop Koleayo. I saw Bishop’s number somewhere online and I decided to call him and immediately I asked him to pray for me. He told me I am being owed alot of money by the Government and some people where sitting on my payment. But in 14 days, they will be the one to call me. I was shocked. It was as if I was dreaming. If Bishop is not a true prophet of God, there is no way he would have known all that about me. Someone that hasn’t seen me. Just hearing my voice he could tell me my problems. This is amazing.
I bless God, indeed as bishop said, I was called and my money was paid without delay. There was nothing I didn’t do to get my money paid for over 2 years but without result. I was almost giving up because the stories were too much but after my encounter with God’s servant, everything that seem dead in my life came back again. Bro. Okoye.

In one of the solution night vigils last year, Bishop called me out as he usually call people out and tell them things about themselves. He told me how all my siblings have graduated without job and husband. He revealed to me that our first daughter got married at age 36 and the marriage was devolved before her 37th birthday. That was when I knew he is a real seer because he doesn’t know me before and no one else except me, my mom and sister knew that the marriage has been scattered. We hid it from everyone. To. It the long story short, Bishop conducted deliverance on me that night, gave me anointed water and said the two women tormenting my family has met their end. I went home in the morning and saw two big dead rats at the entrance to my apartment. I sprinkled the water the Man of God gave me on the rats, prayed and disposed of the rats. 11am that same day, my mother called me from PH and said she was called from the village that my aunty and her daughter that has been troubling us died in their parlour over the night with charms around them. That means they were even doing charms and doing evil as at the time I was at the night vigil in Lagos. Today, I am planning my wedding with a man I met at my new place of work. Praise God for the liberation.Thank God for giving us a prophet like Bishop Solomon Koleayo.
The prophet is presently in the country.
You can reach him directly for prayers on: 08023499011
Or visit the prophet on Thursdays 10am
At
Diamond Life Church,
Opp. FCT High Court,Specialist Rd.,
G/Lada-Abuja